Global Antibodies Market is poised to cross USD 161.897 Billion in 2021

Posted by rohan on February 16th, 2018

According to the report Global Antibodies Market, published by Market Data Forecast, The Global Market was worth $ 95.217 Billion in 2016 and estimated to reach $ 161.897 Billion by the end of 2021 with a growing potential of 11.20 %.

Antibodies are proteins that are produced in response to specific antigens by plasma cells. They are also called as immunoglobulin. These antibodies are used as diagnostics as well as Therapeutic purposes for several indications of diseases, including but not limited to, rheumatoid arthritis, non-Hodgkin lymphoma, psoriasis, Crohn’s disease, macular degeneration, hypercholesterolemia, and asthma. Owing to a number of product launches, antibodies market is projected to witness steady growth. Effective harmonisation of product development, approval and registration guidelines in some of the major markets, such as United States and European Union can speed up the research and development of antibody related products.

Browse market data tables and in-depth TOC of the Global Antibodies Market to 2021 @ http://www.marketdataforecast.com/market-reports/global-antibodies-market-1177/

Major factors that are primarily driving the Global antibodies market are continuous development of innovative products, increased adoption rate to therapeutic antibodies in cost-sensitive markets, rise in chronic illnesses owing to population shift and increasing longevity, swift approval by regulatory authorities for breakthrough therapies, and adoption of diagnostic antibodies. Companies are adopting to various strategies, like expansion of products indications to sustain the dynamically growing market. High cost of treatment and side effects associated with antibodies treatment can hamper the growth of global antibodies market.

Antibodies Market: Segmentation

By Product Type                       

• Monoclonal Antibodies
  • Murine
  • Chimeric
  • Humanized
  • Human
• Polyclonal Antibodies
  • Type I
  • Type II
  • Type III
  • Type IV
  • Type V
  • Type VI
  • Type VII
  • Type VIII
• Antibody-Drug Complexes
  • Immunogen Technology
  • Seattle Genetics Technology
  • Immunomedics Technology

By Indication                              

• Cancer
• Autoimmune Diseases
• Infectious Diseases
• Cardiovascular Diseases
• CNS Disorders
• Others (Inflammatory, Microbial Diseases, & Other)

End User                     

• Hospitals/Clinics
• Research Institute
• Diagnostic Laboratories

Application                 

• Medical
• Experimental
  • Western Blot
  • ELISA
  • Radioimmune Assays
  • Immunofluorescence
  • Other (Immunohistochemistry, Immunoprecipitation, & Immunocytochemistry)

Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/global-antibodies-market-1177/request-sample

Based on Indication, the market is segmented into Cancer, Auto immune diseases, Infectious diseases, cardiovascular diseases, and CNS disorders, others (Inflammatory, Microbial Diseases, & Other). Based on end users, the market is segmented into Hospitals/Clinics, Research institute, Diagnostics laboratories. Cancer indication type segment is predicted to account highest market share over the forecast period due to broad range applications of monoclonal antibodies for the treatment of various cancers.

Based on Application, the market is segmented into Medical, Experimental. The Experimental segment is further categorized into Western blot, ELISA, Radioimmune Assays, immunofluorescence, others (Immunohistochemistry, Immunoprecipitation, & Immunocytochemistry). Hospitals is predicted to account the highest share in global antibodies market during the forecast period.

Based on Geography, the Antibodies market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa.

Some of the major companies operating in global Antibodies market are Abbott Diagnostics, Novartis AG, Pfizer Inc., ThermoFisher Scientific Inc., Eli Lilly and company, A.G. Scientific, Inc., Bristol-Myers Squibb, F. Hoffmann-La Roche Ltd., AbbVie Inc.

Reasons to buy Antibodies Market Report:

• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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